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Nestlé’s Sanjay Bahadur to retire after four decades of leadership

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MUMBAI: Nestlé has announced that its executive vice president and head of group strategy and business development, Sanjay Bahadur, will retire at the end of December 2025, bringing to a close an illustrious association of more than forty years with the food giant.

During his long tenure, Bahadur worked across India, Switzerland, Hong Kong, Türkiye and China, shaping the company’s strategic direction in markets that rarely stand still. In his present role, he oversaw portfolio management, mergers and acquisitions, venture funds, external partnerships and licensing, guiding Nestlé’s global growth moves with a steady hand and a sharp eye.

Nestlé CEO Philipp Navratil lauded Bahadur’s legacy, noting his integrity and calm, collaborative leadership style. He said the company owed him “a heartfelt thanks” for his contributions and wished him well as he steps into his next chapter.

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Following his retirement, Nestlé’s M&A operations will shift under the supervision of chief financial officer Anna Manz, marking a smooth structural handover as the company continues to navigate an ever-evolving consumer landscape.

A four-decade career that stretched across continents is now gently signing off, leaving behind a trail of strategic milestones and quiet leadership that helped shape one of the world’s most recognisable brands.
 

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Axis Bank named Official Banking Partner of DP World PGTI

Partnership supports all tournaments this season to grow professional golf in India.

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MUMBAI: Axis Bank just teed up a hole-in-one partnership because when a bank sponsors golf’s biggest swing in India, even the fairways feel more financially secure. Axis Bank has been appointed Official Banking Partner of the DP World Professional Golf Tour of India (DP World PGTI), strengthening its commitment to sporting excellence and community engagement while backing the growth of professional golf across the country.

Under the partnership, Axis Bank will support all DP World PGTI tournaments this season, contributing to talent development, enhanced tournament experiences and wider fan engagement. The collaboration aligns the bank’s values of precision, discipline and trust with the Tour’s focus on performance and opportunity.

Axis Bank executive director Munish Sharda said, “We are pleased to partner with DP World PGTI as its Official Banking Partner. Golf embodies precision, discipline, and a pursuit of excellence qualities that strongly reflect who we are at Axis Bank. This association also strengthens our engagement with India’s growing premium customer segments, where the sport has a deep and enduring connect.”

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Professional Golf Tour of India president Kapil Dev said, “We are extremely pleased to welcome Axis Bank as a Tour Partner of the DP World Professional Golf Tour of India. Partnerships of this stature play a vital role in strengthening the foundation of the Tour, enhancing opportunities for our players, and expanding the sport’s reach across the country.”

Professional Golf Tour of India CEO Amandeep Johl added, “Axis Bank’s strong legacy of excellence, innovation, and nationwide reach aligns perfectly with DP World PGTI’s goal to elevate professional golf in India and provide greater opportunities for our players.”

In a sport where every stroke counts and every partnership drives distance, Axis Bank isn’t just backing golfers, it’s investing in the fairway to future, turning India’s greens into a stage where precision meets passion and every drive has the power to inspire.

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